I have heard that doing a “Lonnie deal” and holding the note is a problem in Florida if the buyer stops paying. Do you have to go through the formal forecosure process in Florida - similar to foreclosing on a single family home.
I have heard that doing a “Lonnie deal” and holding the note is a problem in Florida if the buyer stops paying. Do you have to go through the formal forecosure process in Florida - similar to foreclosing on a single family home.